First Eagle Gold Fund Class C
FEGOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1345 Avenue Of The Americas New York NY United States of America 10105
- IPO Date
- May 15, 2003
- CIK
- 0000906352
- Website
- firsteagle.com
- Similar Companies
- Business
- First Eagle Gold Fund Class C (FEGOX) is an open-end mutual fund managed by First Eagle Investment Management, LLC that seeks to provide investors the opportunity to participate in the investment characteristics of gold for a portion of their overall investment portfolio. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines; its portfolio typically includes gold bullion held directly in allocated accounts, silver bullion, gold royalty and streaming companies such as Wheaton Precious Metals Corp. and Franco-Nevada Corp., and gold mining companies such as Agnico Eagle Mines Ltd., Northern Star Resources Ltd., Newmont Corp., Alamos Gold Inc., Kinross Gold Corp., and Dundee Precious Metals Inc. As of April 30, 2025, the fund's portfolio comprises approximately 30 holdings, with key allocations to common stocks (80.6%), commodities including gold and silver bullion (15.1%), and short-term investments (4.2%); sector exposure is concentrated in basic materials (78.27%), primarily precious metals mining, while geographic diversification spans Canada (52-53%), the United States (12.8-26%), Australia (5.9-8.3%), South Africa, the United Kingdom, Mexico, and other regions. The fund is non-diversified, benchmark-agnostic, and emphasizes downside protection through direct physical gold ownership to mitigate counterparty risk, alongside equities in the precious metals sector. Launched on May 15, 2003, the Class C shares carry a net expense ratio of 1.91%, a 1.00% deferred load, and a minimum initial investment of $2,500; they are available for sale in the United States with total net assets for the fund reaching approximately $4.87 billion as of the latest reporting. First Eagle Investment Management, the fund's adviser, traces its origins to 1864 in Dresden, Germany, as Arnhold Brothers, relocating to New York City in the 1930s, and is headquartered at 1345 Avenue of the Americas, 48th Floor, New York, New York. In recent developments, on March 3, 2025, First Eagle Holdings, Inc., the parent company of the adviser, announced a definitive agreement under which funds managed by Genstar Capital will acquire a majority investment, buying out interests held by Blackstone Inc., Corsair Capital LLC, and related co-investors; the transaction, expected to close in the second half of 2025 subject to regulatory approvals and consents, will not alter the fund's portfolio management, investment objectives, or policies. Additionally, in December 2025, First Eagle Investments announced an agreement to acquire Diamond Hill Investment Group, enabling the continuation of Diamond Hill's investment strategies enhanced by First Eagle's global resources, distribution, and product diversification efforts. These moves align with First Eagle's broader expansion, managing approximately $152-161 billion in assets across equity, fixed income, multi-asset, and alternative strategies as of mid-2025.